Managers / Q3 2023 · view latest →
Pelion, Inc.
CIK 0001787862 · 14761 S. FUTURE WAY, SUITE 500, SALT LAKE CITY, UT, 84020 · 801-365-0262
Summary
Pelion, Inc. reported $190M in U.S.-listed holdings across 4 positions for Q3 2023.
The portfolio is heavily concentrated: BILL alone accounts for 75.0% of reported value.
Compared with Q2 2023, the fund opened 1 new position and exited 1.
Portfolio Metrics
Methodology: turnover is min(value bought, value sold) ÷ average reported value across the two quarters — value-based, so market moves inflate it slightly versus a share-based measure. Concentration and largest position are shares of the filing’s total reported value, options excluded, with multiple share classes and repeated sub-manager rows for the same issuer combined into one position — the same rule the holdings table uses by default. New/exited counts compare against the prior filed quarter. All figures derive solely from the fund’s 13F filings.
Reported Value by Quarter
Portfolio Composition
- Common Stock · 100.0% · $190M
Quarter-over-Quarter Changes full breakdown →
vs Q2 2023 (amended baseline)
| Issuer | Move | Share Δ | Shares now | Value Δ | Value now |
|---|---|---|---|---|---|
| OWLTOWLET INC | NEW | +325.5K | 325.5K | +$1M | $1M |
| OWLET INC | SOLD OUT | −4.56M | 0 | −$2M | $0 |
| WEAVWEAVE COMMUNICATIONS INC | HELD | +0 | 5.55M | −$16M | $45M |
| BILLBILL COM HLDGS INC | HELD | +0 | 1.31M | −$11M | $143M |
| RCATRED CAT HLDGS INC | HELD | +0 | 898.3K | −$198,520 | $870,431 |
Value changes conflate price moves with buying and selling — share changes are the real signal. Share counts are not split-adjusted.
Holdings — Q3 2023
| # | Issuer | Class | % Portfolio | Value ↓ | Shares |
|---|---|---|---|---|---|
| 1 | BILLBILL COM HLDGS INChistory → | COM | 75.02% | $143M | 1.31M |
| 2 | WEAVWEAVE COMMUNICATIONS INChistory → | COM | 23.76% | $45M | 5.55M |
| 3 | OWLTOWLET INC | CL A NEW | 0.77% | $1M | 325.5K |
| 4 | RCATRED CAT HLDGS INC | COM | 0.46% | $870,431 | 898.3K |
Filing History
| Quarter | Reported Value | Positions | Filed | Type | Links |
|---|---|---|---|---|---|
| Q3 2025 | $36M | 3 | Nov 10, 2025 | 13F-HR | changes · EDGAR ↗ |
| Q2 2025 | $45M | 4 | Aug 14, 2025 | 13F-HR | changes · EDGAR ↗ |
| Q1 2025 | $53M | 4 | May 8, 2025 | 13F-HR | changes · EDGAR ↗ |
| Q4 2024 | $130M | 4 | Feb 12, 2025 | 13F-HR | changes · EDGAR ↗ |
| Q3 2024 | $144M | 4 | Nov 7, 2024 | 13F-HR | changes · EDGAR ↗ |
| Q2 2024 | $122M | 4 | Aug 14, 2024 | 13F-HR | changes · EDGAR ↗ |
| Q1 2024 | $156M | 4 | May 8, 2024 | 13F-HR | changes · EDGAR ↗ |
| Q4 2023 | $173M | 4 | Jan 25, 2024 | 13F-HR | changes · EDGAR ↗ |
| Q3 2023 | $190M | 4 | Nov 13, 2023 | 13F-HR | changes · EDGAR ↗ |
| Q2 2023 | $218M | 4 | Aug 14, 2023 | 13F-HR | changes · EDGAR ↗ |
| Q1 2023 | $137M | 4 | May 5, 2023 | 13F-HR | changes · EDGAR ↗ |
| Q4 2022 | $164M | 4 | Feb 10, 2023 | 13F-HR | changes · EDGAR ↗ |
| Q3 2022 | $199M | 4 | Nov 8, 2022 | 13F-HR | changes · EDGAR ↗ |
| Q2 2022 | $163M | 4 | Jul 22, 2022 | 13F-HR | changes · EDGAR ↗ |
| Q1 2022 | $337M | 4 | May 16, 2022 | 13F-HR | changes · EDGAR ↗ |
| Q4 2021 | $446M | 4 | May 16, 2022 | RESTATEMENT | changes · EDGAR ↗ |
13F filings are due up to 45 days after quarter end, so holdings shown here lag the fund’s current book. Source: original SEC filing on EDGAR ↗.